Largest lenders in Mobile County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Regions Bank | C | 1,086 | 504 | 37.7% | 4.99% |
| 2 | Rocket Mortgage | C | 854 | 596 | 20.4% | 6.50% |
| 3 | Trustmark National Bank | C | 528 | 383 | 14.8% | 6.50% |
| 4 | PNC Bank | D | 461 | 186 | 38.2% | 7.80% |
| 5 | United Shore Financial Services | B | 444 | 284 | 17.3% | 6.25% |
| 6 | Dhi Mortgage Company | B | 441 | 303 | 15.7% | 4.99% |
| 7 | Mortgage Research Center | C | 352 | 167 | 20.5% | 6.44% |
| 8 | All in Federal Credit Union | D | 330 | 155 | 40.6% | 7.50% |
| 9 | Embrace Home Loans | A | 279 | 230 | 6.8% | 6.63% |
| 10 | Freedom Mortgage | B | 262 | 100 | 9.2% | 6.25% |
| 11 | 21st Mortgage | F | 256 | 51 | 44.1% | 9.55% |
| 12 | Newrez | D | 244 | 76 | 22.1% | 6.38% |
| 13 | Navy Federal Credit Union | D | 241 | 99 | 20.8% | 7.25% |
| 14 | Pennymac Loan Services | C | 238 | 98 | 13.9% | 6.25% |
| 15 | Hancock Whitney Bank | B | 233 | 148 | 18.9% | 5.75% |
| 16 | GMFS | A | 228 | 178 | 0.9% | 6.49% |
| 17 | Vanderbilt Mortgage and Finance | F | 227 | 16 | 44.1% | 9.72% |
| 18 | Community Bank of Mississippi | C | 225 | 170 | 9.8% | 7.19% |
| 19 | Broker Solutions | D | 218 | 82 | 9.6% | 6.81% |
| 20 | AmeriSave Mortgage | D | 213 | 48 | 64.8% | 7.31% |
| 21 | Cadence Bank | B | 195 | 135 | 16.9% | 7.13% |
| 22 | Renasant Bank | B | 192 | 143 | 10.9% | 6.99% |
| 23 | Loandepot.Com | D | 190 | 80 | 35.8% | 6.88% |
| 24 | Union Home Mortgage | B | 189 | 142 | 4.2% | 6.38% |
| 25 | Triad Financial Services | D | 181 | 30 | 47.0% | 8.39% |
Best approval odds in Mobile County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | GMFS | 190 | 1.1% |
| 2 | Unnamed lender 2549005Z23HAAZ6QDM98 | 92 | 1.1% |
| 3 | Towne Mortgage | 77 | 2.6% |
| 4 | Guild Mortgage | 62 | 3.2% |
| 5 | Swbc Mortgage | 60 | 3.3% |
| 6 | River Bank & Trust | 139 | 4.3% |
| 7 | Union Home Mortgage | 156 | 5.1% |
| 8 | Stockton Mortgage | 96 | 5.2% |
| 9 | First Federal Bank, A | 103 | 5.8% |
| 10 | First Horizon Bank | 51 | 5.9% |
What Mobile County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Mobile County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 13,304 | 6,961 | 23.7% | 6.88% | $145,000 |
| 2024 | 13,743 | 7,367 | 22.8% | 6.75% | $155,000 |
| 2025 | 14,677 | 7,860 | 21.5% | 6.63% | $155,000 |
Frequently asked questions
21.5% of applications in Mobile County were denied in 2025, against 19.9% statewide in Alabama.
Regions Bank, with 1,086 applications in 2025 and a denial rate of 37.7%.
The median mortgage application in Mobile County in 2025 was for $155,000; the median property value on originated loans was $245,000.